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By gambling one can get
Členom od Dec 21, 2023
11 príspevkov
Dec 22, 2023 at 16:28
Fidely posted:
I don't really understand the people who gamble on forex market. I mean that gamblers usually derive pleasure from the process itself but not from the result. I wonder, how it is possible to derive pleasure from sitting before the computer screen for several hours following the charts. Gamblers will definetely lose the money sooner or later. THey don't have neither practical knowledge, nor psychological control over the situation on the market.
Trading in the forex market isn't just about luck or gambling—it's a skill that requires analysis, strategy, and discipline. While it might seem like staring at charts, successful traders derive satisfaction from mastering this intricate puzzle and making informed decisions. Education, practice, and a thoughtful approach set them apart from gamblers. It's all about learning and adapting in a dynamic environment!
Členom od Dec 28, 2023
41 príspevkov
Dec 28, 2023 at 19:24
I think that for those who come to trade in Forex as in a casino, this is gambling. And for those who invest energy in studying the market and everything else, this is work.
Členom od Jul 29, 2024
1 príspevkov
Jul 30, 2024 at 10:09
UweMoench posted:
By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. A trader should focus on learning. Otherwise one should not trade currency.
I know it's been a while, but I get where you're coming from with that thought on gambling. It can feel like a quick way to make cash; for some folks, it's more about the thrill than the money.
Členom od Jan 22, 2016
8 príspevkov
Aug 13, 2024 at 13:26
Yep, those random wins can be super tempting, but without proper knowledge, it’s just a fast track to losing everything.
Členom od Feb 12, 2016
133 príspevkov
Aug 14, 2024 at 10:44
By gambling you can undoubtedly get many different emotions like in casino but consistently making income by gambling is highly unlikely
Členom od May 08, 2023
97 príspevkov
Aug 14, 2024 at 23:12
UweMoench posted:
By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. A trader should focus on learning. Otherwise one should not trade currency.
Maybe, but a trader also needs to learn some things from gambling, such as having the courage to go with it and execute. They do it based on a hunch, we do it based on our take of the market. It is not always right but that does not mean we should not try.
Členom od Oct 14, 2024
2 príspevkov
Oct 14, 2024 at 15:16
What does gambling has to do with the forex trading? If you want to gamble go to HFT market.
Členom od Feb 12, 2016
133 príspevkov
Oct 15, 2024 at 19:46
PaulLedoux33 posted:
What does gambling has to do with the forex trading? If you want to gamble go to HFT market.
Sometimes I want to gamble and I trade high risk events like NFP and volatile times, it is risky but worth it.
Členom od Oct 16, 2024
33 príspevkov
Oct 16, 2024 at 06:28
Gambling can lead to a few lucky wins, but that false hope often ends in big losses. Focus on learning and solid strategies instead. And remember, risk management is key, protect your capital!
In trading, knowledge is power; in practice, patience is key.
Členom od Feb 12, 2016
133 príspevkov
Oct 16, 2024 at 20:33
Fidely posted:
I don't really understand the people who gamble on forex market. I mean that gamblers usually derive pleasure from the process itself but not from the result. I wonder, how it is possible to derive pleasure from sitting before the computer screen for several hours following the charts. Gamblers will definetely lose the money sooner or later. THey don't have neither practical knowledge, nor psychological control over the situation on the market.
Well if you make big gains in a short period of time then it elicits great emotions which turns you into addict. That's why it is advised to use as low leverage as possible to not create emotional rollercoaster
Členom od Sep 07, 2020
70 príspevkov
Oct 18, 2024 at 04:37
Členom od Oct 16, 2024
18 príspevkov
Oct 21, 2024 at 08:13
UweMoench posted:
By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. A trader should focus on learning. Otherwise one should not trade currency.
You're absolutely right! Gambling can lead to a few lucky wins, but it often creates a false sense of security. Many traders get caught up in that cycle and end up losing everything. It’s crucial for anyone interested in trading to prioritize learning and developing a solid strategy. Without a strong foundation, trading can be more like gambling, and it’s not worth the risk.
Stay consistent, keep it simple, and let discipline shape success
Členom od Oct 16, 2024
23 príspevkov
Oct 21, 2024 at 10:31
Gambling in forex is basically like throwing darts at a board and hoping for the best. Without a strategy, it’s just wild guesswork and luck—and we all know luck runs out fast. Trading needs a plan, not a gamble! Trust me, your wallet will thank you for playing smart, not playing risky!
Členom od Oct 16, 2024
26 príspevkov
Oct 24, 2024 at 11:16
UweMoench posted:
By gambling one can get some winning trades here and there. Those few wins give them false hope. And they keep doing it until lose all the money. A trader should focus on learning. Otherwise one should not trade currency.
While it’s true that gambling can lead to losses, disciplined trading with proper risk management and strategy is very different. A trader who studies the market, uses tools like stop-losses, and continuously learns can build a successful trading career. It's not just luck—it's about making informed decisions.
Členom od Oct 28, 2024
64 príspevkov
Nov 02, 2024 at 16:05
Fidely posted:
I don't really understand the people who gamble on forex market. I mean that gamblers usually derive pleasure from the process itself but not from the result. I wonder, how it is possible to derive pleasure from sitting before the computer screen for several hours following the charts. Gamblers will definetely lose the money sooner or later. THey don't have neither practical knowledge, nor psychological control over the situation on the market.
I agree with your opinion
Forex is not a suitable and attractive place for gambling.
To enjoy this market, you need training and practice
When wealth is created, it is a pleasant moment, not a time of unreasonable and stupid risks
Be sure to backtest the strategies for success
Prílohy:
Together, we can unlock endless opportunities and achieve your desired results.
Členom od Oct 16, 2024
19 príspevkov
Nov 04, 2024 at 10:28
I do not think we should consider trading as a gambling. Very bad choice of word.
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